NFTs & Web3
Non-fungible tokens (NFTs) and Web3 are the technologies and movements revolutionizing digital ownership and the future of the internet.
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Unstoppable Skips ICANN Round, Refunds Web3 Domains
Founder Matthew Gould said the cost of taking web3 strings through ICANN was higher than what the company expected to recover in sales, six months after telling customers it would apply for all six of its original extensions.
Illuvium Team Cuts Wages To Extend Runway
Co-founder Kieran Warwick says the reduction puts the Ethereum game studio past 12 months of runway, with the remaining team working almost entirely on its Overworld MMO.
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Unstoppable Skips ICANN Round, Refunds Web3 Domains
Founder Matthew Gould said the cost of taking web3 strings through ICANN was higher than what the company expected to recover in sales, six months after telling customers it would apply for all six of its original extensions.
Illuvium Team Cuts Wages To Extend Runway
Co-founder Kieran Warwick says the reduction puts the Ethereum game studio past 12 months of runway, with the remaining team working almost entirely on its Overworld MMO.
Neynar Seeks a New Owner for Farcaster Seven Months After Buying It
Protocol fees fell from $35.43 million in the first quarter to $376,740 so far in the third, according to DefiLlama. Neynar says it will return most of its remaining balance sheet and its team will disband.
Fake World Assets Opens Its Gacha Pool to New NFT Collections
TokenWorks will let artists issue collections directly into the randomized pool through a mechanism called FWAir, with backers fronting the ETH and creators paid out of trading fees rather than mint proceeds.
Ousted Pudgy Penguins Co-Founder Sells Out 44,444-Piece NFT Mint on Robinhood Chain
An onchain tally of the mint events by analyst 0xlaplaced puts the take at $1,282,852 — well above the $755,000 figures that circulated during the sale — while the Spritehood contract's source code remains unverified.
Rarible Launches Solana NFT Marketplace With Claynosaurz as First Collection
Rarible's site now lists Solana alongside Ethereum, MegaETH and Base, with dedicated Explore, Mint and Gacha pages for the network.
Pirate Nation Studio Proof of Play Shuts Down, Open-Sources Code and Art
The studio released the Pirate Nation Unity app and smart contracts on GitHub and put its artwork, IP and Founder Pirates NFTs into the public domain under a CC0 license.
Fake World Assets Boosts Buybacks to 80% of Fees After Token Crashes to Record Low
TokenWorks reversed course twice in under 24 hours after FWA holders learned none of the roughly $3.2 million in launch-period revenue would fund buybacks, sending the token down more than 40%.
YGG Play Shuts Down Services as Yield Guild Pivots to AI Data
Yield Guild's own sunset document retires the YGGPlay.fun site, Launchpad and questing platform by August 1, while GIGACHADBAT and Ragnarok Breaker continue under Delabs Games and Planetarium Labs.
ENS Scales Back Plan to Move DAO Treasury Control to New Foundation
The executable draft adds Security Council oversight of Endowment transactions and narrows the Foundation's initial token grant to 1 million ENS after delegates called the earlier plan a "governance attack."